Mangalam Worldwide Ltd
Incorporated in 1995, Mangalam Worldwide Ltd manufactures and trades steel products and other merchandise. It also provides consultancy service[1]
- Market Cap ₹ 1,162 Cr.
- Current Price ₹ 39.1
- High / Low ₹ 48.4 / 21.2
- Stock P/E 21.1
- Book Value ₹ 11.2
- Dividend Yield 0.08 %
- ROCE 17.7 %
- ROE 18.0 %
- Face Value ₹ 1.00
Pros
- Company has delivered good profit growth of 79.4% CAGR over last 5 years
Cons
- Tax rate seems low
- Working capital days have increased from 54.9 days to 77.9 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Commodities Metals & Mining Metals & Minerals Trading Trading - Metals
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| 302 | 522 | 644 | 818 | 1,060 | 1,207 | 1,292 | |
| Sales growth | +73% | +23% | +27% | +30% | +14% | +9% | |
| 297 | 510 | 625 | 779 | 1,005 | 1,116 | 1,169 | |
| Operating Profit | 6 | 12 | 19 | 38 | 55 | 91 | 123 |
| OPM % | 1.9% | 2.2% | 3.0% | 4.7% | 5% | 8% | 9% |
| 0 | 10 | 6 | 4 | 7 | 7 | 3 | |
| Interest | 2 | 2 | 4 | 15 | 24 | 37 | 52 |
| Depreciation | 0 | 1 | 5 | 7 | 9 | 10 | 13 |
| Profit before tax | 4 | 19 | 16 | 20 | 30 | 51 | 61 |
| Tax % | 26% | 33% | -12% | -12% | -0% | 1% | |
| 3 | 12 | 18 | 23 | 30 | 50 | 55 | |
| EPS in Rs | 1.76 | 0.69 | 0.70 | 0.84 | 0.99 | 1.69 | 1.85 |
| Dividend Payout % | 0% | 15% | 14% | 12% | 2% | 2% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 32% |
| 3 Years: | 23% |
| TTM: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 79% |
| 3 Years: | 54% |
| TTM: | 56% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 48% |
| 1 Year: | 77% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 15% |
| Last Year: | 18% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.20 | 18 | 24 | 26 | 30 | 30 | 30 |
| Reserves | 13 | 27 | 111 | 154 | 226 | 270 | 302 |
| 17 | 47 | 85 | 103 | 192 | 236 | 385 | |
| 17 | 30 | 39 | 131 | 189 | 393 | 505 | |
| Total Liabilities | 47 | 123 | 259 | 414 | 636 | 929 | 1,223 |
| 2 | 51 | 92 | 103 | 99 | 95 | 156 | |
| CWIP | -0 | 0 | -0 | 2 | -0 | 16 | 6 |
| Investments | 5 | 4 | 3 | 3 | 32 | 30 | 49 |
| 40 | 68 | 164 | 306 | 506 | 788 | 1,011 | |
| Total Assets | 47 | 123 | 259 | 414 | 636 | 929 | 1,223 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 6 | 2 | -61 | -10 | -87 | 24 | |
| -1 | -40 | -38 | -20 | -7 | -25 | |
| -4 | 43 | 98 | 26 | 94 | 2 | |
| Net Cash Flow | 1 | 4 | -1 | -4 | -0 | 1 |
| Free Cash Flow | 4 | -49 | -101 | -21 | -91 | -1 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 111% | 14% | -324% | -26% | -158% | 27% |
Ratios
Consolidated / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 12 | 11 | 30 | 44 | 58 | 49 |
| Inventory Days | 42 | 31 | 46 | 84 | 123 | 181 |
| Days Payable | 27 | 16 | 9 | 28 | 49 | 44 |
| Cash Conversion Cycle | 27 | 26 | 67 | 100 | 131 | 186 |
| Working Capital Days | 5 | -8 | 29 | 39 | 48 | 78 |
| ROCE % | 17% | 10% | 14% | 14% | 18% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Changodar Rolling Mill Installed Capacity MT per annum |
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| Halol Melting Shop Installed Capacity MT per annum |
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| Kapadvanj Bright Bar Installed Capacity MT per annum |
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| Kapadvanj Seamless Pipes & Tubes Installed Capacity MT per annum |
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| Number of Manufacturing Units count |
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| Permanent Employees count ・Standalone data |
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| Export Revenue Share % of net sales ・Standalone data |
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| Number of Export Countries count |
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Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper Advertisements for Standalone and Consolidated Unaudited Financial Results of the Company for the quarter and half year ended September 30, 2026.
-
Announcement under Regulation 30 (LODR)-Investor Presentation
- Investor Presentation on Unaudited Financial Results of Mangalam Worldwide Limited for September 30, 2026.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
- Q2 FY27 PAT rose 31% to ₹13.82 crore; Belgium subsidiary MWL Europe BV incorporated.
- Outcome Of Meeting Of Board Of Mangalam Worldwide Limited Held On Thursday, October 15, 2026.
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Outcome Of Meeting Of Board Of Mangalam Worldwide Limited Held On Thursday, October 15, 2026.
- Board approved Q2 and H1 FY2027 unaudited results; net profit rose to ₹2,558.48 lakh.
Annual reports
-
Annual Report 2026
from bse
-
Annual Report 2025
from nse
-
Annual Report 2024
from nse
-
Annual Report 2023
from nse
-
Annual Report 2022
from nse
Business Overview:[1][2][3]
MWL is promoted by Ahmedabad-based Mangalam Group. It is an ISO-9001:2015, ISO-14001:2015, ISO 45001:2018, QMS certified, fully integrated stainless steel manufacturer—from scrap melting to finished seamless pipes and tubes.